The present market situation has been reevaluated due to 10x Research’s recent change of attitude toward bitcoin (BTC), with CEO and Head of Research Markus Thielen taking a more cautious posture. A re-evaluation of market conditions has been necessitated by the recent change in attitude toward Bitcoin and its CEO, Markus Thielen.
Bitcoin’s recent price advances have been met with increasing skepticism from Thielen, who is worried about the cryptocurrency’s volatility, regulatory threats, and broader economic reasons. Institutional and retail investors alike are reevaluating their approach and revising.
Research Flags Bitcoin Bull Market Peak
An update to the market was released on December 29, 2024, by the company, knowing the longevity of the cryptocurrency. The market may be about to embark on a new phase, nevertheless, according to developing technical patterns. Bitcoin service providers, asset managers, and financial advisors can all gain from digital asset research by 10x analysis.
There is a pattern to previous bull markets, such as 2017 and 2019, which include steep gains in the first half of the month and a subsequent fall in the last half. When a bull run is coming to a close, the markets often display this pattern. A Shooting star candlestick pattern, characterized by a short body and a tall upper wick, was one bearish indicator that was observed in December 2024. This pattern was preceding the notable market peaks of 2017 and 2021.
Research Warns of Volatility Ahead
Bitcoin reached a new all-time high of $108,364 on December 16, 2024, before leveling down at $92,000. This $90,000-$92,000 support level is critical, says 10x Research. If the market drops below this area, it could tumble significantly. “Although there might be an initial surge in January 2025, perhaps coinciding with Trump’s inauguration, a subsequent surge in selling towards the end of the month could validate that the shooting star in December 2024 indicated a minimum of an intermediate peak,” Thielen writes in his research paper.
Even though there are some bearish signals, Thielen and 10x Research believe that the current bull market is far from over. However, investors are preparing for both massive rallies and sell-offs in 2025, which is likely to be characterized by increasing volatility. According to 10x Research, 2025 might be a very volatile year for Bitcoin. Despite recent highs, market signs indicate the possibility of significant falls, with support at $92,000.
Tutor Warns Bitcoin Bull Run Nearing End
According to Tutor, the Bitcoin bull market is going to close soon. Market data shows that the final stage of a bull run occurs when bitcoin prices rise for three years in a row. Making logical judgments (like selling Bitcoin when the charts say to) or emotional decisions (like sticking in the market because you think it will go to $1 million because of FA developments) will be the most challenging part of 2025. The last stage of a bull market often happens in the third consecutive year of rising prices.
According to historical tendencies, which Tutor uses to warn that Bitcoin’s bull run might be coming to an end. The difficulty, he says, will be for investors in 2025: deciding logically on the basis of market charts rather than clinging on emotionally in the hopes of unsustainable rewards. The need for rigorous risk management grows as Bitcoin nears possible market volatility. The general attitude is one of caution, even though some experts are predicting one last bounce. Investors need to have their wits about them and weigh the possibility of a decline against their greed for rewards.
Bitcoin Faces 2025 Slowdown and Volatility
In the first few months of 2025, we may see a possible market slowdown. Bitcoin investors face a delicate balancing act between two opposing goals. Waiting out potential last rises and selling out before a downturn. For individuals who couldn’t care less, a bitcoin is a bitcoin. These decisions will likely have long-lasting effects on portfolios. It’s essential to have a good grasp. The market and be careful with risk management.While current market conditions suggest the bull run
Bitcoin may be winding down, and some experts are holding out hope for one more surge. Market dips are expected, but investors and crypto traders. Must be disciplined to ride out the increased volatility. Shifting trends. Bitcoin is expected to face significant fluctuations in 2025, with a possible market slowdown on the horizon. Investors must navigate potential rallies and downturns. Balancing the risk of price declines against the hope for gains. Careful risk management and market awareness. It is crucial during this unpredictable period.
Summary
There warns that the bull market may be peaking despite Bitcoin’s recent rise. Technical indicators like the December 2024 shooting star candlestick formation may indicate a price reversal. A drop in buying desire.Even with some cautions, 10x Research forecasts volatility in 2025, including rallies and sell-offs. Investors must watch $92,000 and other crucial support levels. The tutor advises investors to act rationally rather. Then, emotionally, and believes the Bitcoin bull run may be over. As the market enters 2025, Bitcoin must balance recent advances with potential downturns.
FAQs
What technical indicators suggest Bitcoin's bull market may be peaking?
A "shooting star" candlestick pattern in December 2024 is a bearish sign, often signaling the end of a bull market.
What is the critical support level for Bitcoin in early 2025?
Bitcoin’s $90,000-$92,000 support level is crucial; falling below it could lead to significant price drops.
How does 10x Research view Bitcoin's performance in 2025?
Bitcoin’s market is expected to be highly volatile in 2025, with rallies and sell-offs likely to occur.
What advice is given to Bitcoin investors for 2025?
Investors are advised to act logically, manage risks, and avoid emotional decisions during Bitcoin’s potential market slowdown and volatility in 2025.
